Post
Topic
Board Bitcoin Discussion
Re: [self-moderated] Is LN Bitcoin? franky1: About scaling, on-chain and off-chain
by
franky1
on 20/01/2022, 15:54:24 UTC
(until you learn about turbo and other services that open channels with msat balance without the 6confirm funding lock)
Wait for a sec, franky. Do you think that including this into parentheses will make it look less significant? Okay, so what does it mean that a bunch of services decided to open channels without having the necessary confirmation(s)?

I'll take Exodus as an example, which is a closed-source Bitcoin wallet. What does it mean if its developers decided to not allow you double-spend your transactions using RBF? That Bitcoin is faulty or that Exodus is a bad choice?

if you want to deposit gold into a bank vault to then have a bank note promising to be backed by that amount of gold. fine. but then if the bank starts offering bank notes not backed by gold.. dont trust the bank note